Steel Strips Wheels Ltd Q2FY24; 5% fall in Profits

Steel Strips Wheels Ltd was incorporated in 1985 and started its operations in 1991. It designs, manufactures, and supplies Steel Wheel Rims and Alloy Wheels for a wide range of domestic and global automobile makers. It is Headquarter in Chandigarh.

Financial Results:

Steel Strips Wheels Ltd reported Revenues for Q2FY24 of ₹1,134.00 Crores up from ₹1,081.00 Crore year on year, a rise of 4.9%.

Total Expenses for Q2FY24 of ₹1,057.00 Crores up from ₹1,005.00 Crores year on year, a rise of 5.17%.

Consolidated Net Profit of ₹52.00 Crores down 5.45% from ₹55.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.35, down 4.01% from ₹3.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.